Skip to content

COWALEX

Active
Poincarélaan 78-79 ·1060 Sint-Gillis (bij-Brussel), Belgium
KBO/BCE: BE 0437.022.414
Watch Print / PDF
Age37 yrs
Board5
Connections7

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of COWALEX is 1.3% (low). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. No processed annual-account figures are available; this conclusion rests on registry and State Gazette data only.

Based on State Gazette and CBE data.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 30-07-2025 1 d early 2025-00346538
31-12-2023 31-07-2024 06-08-2024 6 d late 2024-00333893
31-12-2022 31-07-2023 24-07-2023 7 d early 2023-00267959
31-12-2021 31-07-2022 06-07-2022 25 d early 2022-20166123
31-12-2020 31-07-2021 22-07-2021 9 d early 2021-40900248
31-12-2019 31-07-2020 09-06-2020 52 d early 2020-16000291
31-12-2018 31-07-2019 23-07-2019 8 d early 2019-37500156
31-12-2017 31-07-2018 12-06-2018 49 d early 2018-18900363
31-12-2016 31-07-2017 12-06-2017 49 d early 2017-16600323
31-12-2015 31-07-2016 04-08-2016 4 d late 2016-40500296

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Long-established
Founded in 1989, 37 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
1.3% Low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Higher-failure-rate region +Long track record

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Annual accounts & ratios

Source: NBB
Financials being processed
NBB has 10 filing(s) on record for this company, latest fiscal year 2024 (volledig). The annual accounts are being processed.
Filings on record
Fiscal year Type Filed Reference
31-12-2024 volledig 30-07-2025 2025-00346538
31-12-2023 volledig 06-08-2024 2024-00333893
31-12-2022 volledig 24-07-2023 2023-00267959
31-12-2021 volledig 06-07-2022 2022-20166123
31-12-2020 volledig 22-07-2021 2021-40900248
31-12-2019 volledig 09-06-2020 2020-16000291
31-12-2018 volledig 23-07-2019 2019-37500156
31-12-2017 volledig 12-06-2018 2018-18900363
31-12-2016 volledig 12-06-2017 2017-16600323
31-12-2015 volledig 04-08-2016 2016-40500296

Directors

Directors & mandates

16 directors
Current directors & mandates
  • Franck Arlen
    Director
    State Gazette act 25147401 (20-11-2025)
    Current
    20-11-2025 → present
  • Jérôme WATERKEYN
    Director
    State Gazette act 23124616 (29-09-2023)
    Current
    08-08-2023 → present
  • Jehan DELACROIX
    Director
    State Gazette act 23106311 (16-08-2023)
    Current
    28-08-2017 → present
    3 events
    • 16-08-2023 Mandate renewed· Director
    • 25-06-2020 Mandate renewed· Director
    • 28-08-2017 Mandate renewed· Director
  • Emmanuel BERRYER
    Director
    State Gazette act 23106311 (16-08-2023)
    Current
    03-04-2014 → present
    4 events
    • 16-08-2023 Mandate renewed· Director
    • 25-06-2020 Mandate renewed· Director
    • 28-08-2017 Mandate renewed· Director
    • 03-04-2014 Appointed· Director
  • Pascal LAURENT
    Director
    State Gazette act 23106311 (16-08-2023)
    Current
    03-04-2014 → present
    5 events
    • 16-08-2023 Mandate renewed· Director
    • 25-06-2020 Mandate renewed· Director
    • 28-08-2017 Mandate renewed· Director
    • 03-04-2014 Resigned· Director
    • 03-04-2014 Appointed· Managing director
Historic, not recently confirmed (5)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
  • Emmanuel Evence Ecuyer BERRYER
    Director
    State Gazette act 14072694 (03-04-2014)
    Not recently confirmed
    last confirmed in an act from 2014
  • Gérald Jacques ROY
    Director
    State Gazette act 14072694 (03-04-2014)
    Not recently confirmed
    last confirmed in an act from 2014
  • Jehan Georges DELACROIX
    Director
    State Gazette act 14072694 (03-04-2014)
    Not recently confirmed
    last confirmed in an act from 2014
  • Pascal Emile LAURENT
    Director
    State Gazette act 14072694 (03-04-2014)
    Not recently confirmed
    last confirmed in an act from 2014
  • Patrick Marie LABAT
    Director
    State Gazette act 14072694 (03-04-2014)
    Not recently confirmed
    last confirmed in an act from 2014
Former directors (6)
  • Nicolas Germond
    Director
    State Gazette act 23106311 (16-08-2023)
    Former
    01-11-2018 → 20-11-2025
    6 events
    • 20-11-2025 Resigned· Director
    • 16-08-2023 Mandate renewed· Director
    • 25-06-2020 Mandate renewed· Director
    • 30-07-2019 Mandate renewed· Director
    • 01-11-2018 Mandate renewed· Director
    • 01-11-2018 Appointed· Director
  • Bart ALLAERT
    Director
    State Gazette act 20071830 (25-06-2020)
    Former
    31-08-2018 → 16-08-2023
    6 events
    • 16-08-2023 Resigned· Director
    • 08-08-2023 Resigned· Director
    • 25-06-2020 Mandate renewed· Director
    • 30-07-2019 Mandate renewed· Director
    • 31-08-2018 Mandate renewed· Director
    • 31-08-2018 Appointed· Director
  • Gérald ROY
    Director
    State Gazette act 17123470 (28-08-2017)
    Former
    28-08-2017 → 01-11-2018
    2 events
    • 01-11-2018 Resigned· Director
    • 28-08-2017 Mandate renewed· Director
  • Franck GENIN
    Director
    State Gazette act 17123470 (28-08-2017)
    Former
    18-04-2017 → 31-08-2018
    2 events
    • 31-08-2018 Resigned· Director
    • 18-04-2017 Appointed· Director
  • Patrick LABAT
    Director
    State Gazette act 17123469 (28-08-2017)
    Former
    - → 18-04-2017
    3 events
    • 18-04-2017 Resigned· Director
    • 01-04-2017 Resigned· Director
    • 03-04-2014 Resigned· Director
  • Daniel NOÉ
    Director
    State Gazette act 14072694 (03-04-2014)
    Former
    - → 03-04-2014
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Statutory auditor

6 auditors
Statutory auditor IRE/IBR number Tenure
SRL DELOITTE Réviseurs d'EntreprisesCurrent
Statutory auditor · represented by Carl Laschet
- 20-11-2025 → present
Cabinet KPMG
Statutory auditor · represented by Alexis PALM
succeeded by KPMG Réviseurs d'Entreprises SCRL civile in 2016
- 19-08-2014 → 06-04-2016
KPMG Bedrijfsrevisoren Burg. CVBA
Statutory auditor · represented by Vanessa Cordonnier
succeeded by KPMG Réviseurs d'Entreprises SCRL in 2023
- 28-08-2017 → 16-08-2023
KPMG Réviseurs d'Entreprises SCRL
Statutory auditor · represented by Vanessa Cordonnier
succeeded by SRL DELOITTE Réviseurs d'Entreprises in 2025
- 16-08-2023 → 20-11-2025
KPMG Réviseurs d'Entreprises SCRL civile
Statutory auditor · represented by Vanessa Cordonnier
succeeded by KPMG Bedrijfsrevisoren Burg. CVBA in 2017
- 06-04-2016 → 28-08-2017
KPMG Réviseurs d'Entreprises SRL
Statutory auditor · represented by Vanessa Cordonnier
- - → 20-11-2025
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit(43222)
Legal form Public limited company(014)
Incorporation15-03-1989
StatusActive
Postal code1060

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Poincarélaan 78-791060 Sint-Gillis (bij-Brussel)

Establishment units

2 locations
COWALEX
Poincarélaan 78-79, 1060 Sint-Gillis (bij-Brussel)algemene bouwinstallatie
since 19892.045.199.171
Allée des Artistes 4, 1410 Waterloo
Productie, winning en distributie van stoom en warm water voor de verwarming, aandrijving en andere doeleinden
since 20142.364.826.643
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area2.2 ha
Buildings2
Building footprint6,871 m²
Volume (LiDAR)71,108 m³
Tallest building31.0 m · ±8 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
25762G0500/00C000
ProtectedArchitectural ensemble
Wallonia 1.9 ha 1 · 5,455 m² 16.2 m · 2 fl.
21562A0397/00M006 Brussels 2,910 m² 1 · 1,416 m² 31.0 m · 8 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

21 acts
Address history · 2
27-03-2023
v3.2
03-09-2013
v3.2
All acts · 21 updated 8 months ago
2025
20-11-2025 2 directors appointed, 2 resigning Director changes
  • Carl Laschet, Commissaris
  • Franck Arlen, Bestuurder
  • Vanessa Cordonnier, Commissaris
  • Nicolas Germond, Bestuurder
Summary: v3.2
2024
19-08-2024 Publication in the Belgian Official Gazette, Miscellaneous Miscellaneous
2023
29-09-2023 1 director appointed, 1 resigning Director changes
  • Jérôme WATERKEYN, Bestuurder
  • Bart ALLAERT, Bestuurder
Summary: v3.2
16-08-2023 1 resigning, 5 reappointed Director changes
  • Bart ALLAERT, Bestuurder
  • Emmanuel BERRYER, Bestuurder
  • Pascal LAURENT, Bestuurder
  • Jehan DELACROIX, Bestuurder
  • Nicolas GERMOND, Bestuurder
  • Vanessa Cordonnier, Commissaris
Summary: v3.2
27-03-2023 Registered office moved from Anderlecht to Saint-Gilles Registered-office change
  • Quai Fernand Demets 52, 1070 Anderlecht → Boulevard Poincaré 78-79, 1060 Saint-Gilles
Summary: v3.2
2020
25-06-2020 1 director appointed, 5 reappointed Director changes
  • Vanessa Cordonnier, Commissaris
  • Emmanuel BERRYER, Bestuurder
  • Pascal LAURENT, Bestuurder
  • Jehan DELACROIX, Bestuurder
  • Nicolas GERMOND, Bestuurder
  • Bart ALLAERT, Bestuurder
Summary: v3.2
22-05-2020 Articles of association amended Statutes amendment
2019
30-07-2019 2 directors appointed, 2 resigning, 2 reappointed Director changes
  • Bart ALLAERT, Bestuurder
  • Nicolas GERMOND, Bestuurder
  • Franck GENIN, Bestuurder
  • Gérald ROY, Bestuurder
  • Bart ALLAERT, Bestuurder
  • Nicolas GERMOND, Bestuurder
Summary: v3.2
30-07-2019 2 resigning, 2 reappointed Director changes
  • Franck GENIN, Bestuurder
  • Gérald ROY, Bestuurder
  • Bart ALLAERT, Bestuurder
  • Nicolas GERMOND, Bestuurder
Summary: v3.2
2018
14-12-2018 1 director appointed, 1 resigning Director changes
  • Nicolas GERMOND, Bestuurder
  • Gérald ROY, Bestuurder
Summary: v3.2
14-12-2018 1 director appointed, 1 resigning Director changes
  • Nicolas GERMOND, Bestuurder
  • Gérald ROY, Bestuurder
Summary: v3.2
26-09-2018 1 director appointed, 1 resigning Director changes
  • Bart ALLAERT, Bestuurder
  • Franck GENIN, Bestuurder
Summary: v3.2
26-09-2018 1 director appointed, 1 resigning Director changes
  • Bart ALLAERT, Bestuurder
  • Franck GENIN, Bestuurder
Summary: v3.2
25-07-2018 Publication in the Belgian Official Gazette, Miscellaneous Miscellaneous·Thomas DERUYTTER
Summary: Substantive delegationNotary: Thomas DERUYTTER · Anderlecht
25-07-2018 Publication in the Belgian Official Gazette, Miscellaneous Miscellaneous·Thomas DERUYTTER
Summary: Substantive delegationNotary: Thomas DERUYTTER · Luik
2017
28-08-2017 1 director appointed, 1 resigning, 5 reappointed Director changes
  • Franck GENIN, Bestuurder
  • Patrick LABAT, Bestuurder
  • Emmanuel BERRYER, Bestuurder
  • Pascal LAURENT, Bestuurder
  • Jehan DELACROIX, Bestuurder
  • Gérald ROY, Bestuurder
  • Vanessa Cordonnier, Commissaris
Summary: v3.2
28-08-2017 2 directors appointed, 1 resigning, 4 reappointed Director changes
  • Franck GENIN, Bestuurder
  • Vanessa Cordonnier, Commissaris
  • Patrick LABAT, Bestuurder
  • Emmanuel BERRYER, Bestuurder
  • Pascal LAURENT, Bestuurder
  • Jehan DELACROIX, Bestuurder
  • Gérald ROY, Bestuurder
Summary: v3.2
2016
06-04-2016 1 director appointed, 1 resigning Director changes
  • Vanessa Cordonnier, Commissaris
  • Alexis Palm, Commissaris
Summary: v3.2
2014
19-08-2014 Alexis PALM appointed as statutory auditor Director changes
  • Alexis PALM, Commissaris
Summary: v3.2
03-04-2014 7 directors appointed, 3 resigning Director changes
  • Emmanuel Evence Ecuyer BERRYER, Bestuurder
  • Jehan Georges DELACROIX, Bestuurder
  • Gérald Jacques ROY, Bestuurder
  • Pascal Emile LAURENT, Bestuurder
  • Patrick Marie LABAT, Bestuurder
  • Pascal Laurent, Gedelegeerd bestuurder
  • Emmanuel Berryer, Bestuurder
  • Daniel NOÉ, Bestuurder
Summary: v3.2
First 20 of 21 acts

Analysis

Ask AI about this company

Checked AI

Soon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.

TryWhat are the main risks?Any recent red flags?Compare to sector peers
Coming soon

AI due-diligence brief

Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Same sector and region

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Installatie van verwarming, klimaatregeling en ventilatie43222Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit43222Installatie van verwarming, klimaatregeling en ventilatie45331
Primary activity highlighted.
Names & trade names
Legal nameFR COWALEX
Registered office
Poincarélaan 78-79
1060 Sint-Gillis (bij-Brussel), Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.